Financial Crime Financial Crime

Technip units set to pay French bribery fines exceeding EUR200 million

By Martin Coyle
  • 27 Jun 2023 16:21
  • 27 Jun 2023 16:21
Technip UK, a subsidiary of TechnipFMC, and Technip Energies France, a subsidiary of Technip Energies, will pay 154.8 million euros (around $170 million) and 54.1 million euros respectively, under plea deals struck with the Parquet National Financier today.
The Convention Judiciaire d'Interet Public, or CJIP, whereby a company pays

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Martin Coyle

Senior Correspondent

Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

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